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South East Growth Fund
2nd Floor Orbital House
85/87 Croydon Road
Caterham, Surrey CR3 6PD
t: 01883 337111
e:mail@segrowthfund.co.uk
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Date of Initial Investment:
Sector:
Product/Service:
Stage:
Location:
Website:
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1 July 2003
Other services
National car maintenance network
Start-up
Newport Pagnell, Buckinghamshire
www.nsn.co.uk
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NSN Holdings Limited ("NSN") approached SEGF having recognised that an opportunity existed to establish a nationwide network of independent car garages providing repair, maintenance, services and MOT facilities at menu pricing. The plan was to create a network with a quality brand which delivers a cost effective service to customers through a single national telephone number. The commitment from strategic partners like Shell, RAC, Unipart, together with the gravitas of the management team particularly impressed SEGF. SEGF provided £250,000 as part of a larger package of start-up funding.
In April 2005, NSN received investment from General Motors to further develop its business. |
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South East Growth Fund is managed by West Midlands Enterprise Ltd. West Midlands Enterprise Ltd is a company registered in England No 1616121, registered office: Wellington House, 31-34 Waterloo St, Birmingham, B2 5TJ. Authorised and regulated by the Financial Services Authority in the conduct of its designated investment business. |
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